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20121207
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English 120
Search Results 0 to 49 of about 120 (some duplicates have been removed)
CNBC
Dec 5, 2012 4:00am EST
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
CNN
Dec 2, 2012 10:00am PST
of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> when you look at the struggle, is it first of all essentially the islamist versus the secularist, and is it fair to say as everybody does the islamists have greater appeal, they're better organized, they're going to win this? >> i think it is, right now there are basically three groups here that are contending for the loyalties of the great undifferentiated mass of egyptian people. one group is the egyptians. the people you remember from tahrir square a couple years ago. the third group, the mubarak loyalists. during the revolution of 2011, it was the islamists and young revolution nar ees against the loyalists. now because they have been so heavy handed in the way they have governed the transitions it's now really the revolutionaries fighting them. it takes egypt significant step more t
CSPAN
Dec 1, 2012 3:00pm EST
's book titled the state of ridge, where the government sponsored enterprise in the financial crisis, clearly tom was years ahead of his time at his predictions turned out to be all too accurate. a very long track record of being one of the 04 most forecasters of the state of the financial-services industry but when he is not writing books he spends his time as a fellow at the center for dance to governmental studies at johns hopkins university. tom also served as staff on the financial crisis inquiry commission and in my opinion there are a few things i would disagree with the commission's findings one thing i know for certain is the commission's report was stronger because of tom's involvement. the book is also informed largely by tom's experience on commission staff. we are fortunate to have with us alex pollock to offer his thoughts on the book. alex is resident fellow at the american enterprise institute. i got to know alex a decade ago when he was president and chief operating officer of the bank of chicago from 1991 from 2004 and i would also say i always found him to be one o
CSPAN
Nov 29, 2012 6:00am EST
need no introduction. the contact is that prime minister harper has governed during a point innnnnnnn histort was s challenging. it has been challenging economically, from a security point of view that is happening in the world today. i do not think the most challenging period was1812. it was world war ii. during that period, canada's banks was declared the sun is in the world. no canadian banks failed. while we were having our lehman moment. forbes magazine declared canada as the best place on earth to do business. that is pretty good. let me get to the first question. some observers from canada who are having insight into your thinking have opined that in the last four years obama "at canada." "lost cananade." da." >what is the state of the relationship? >> i disagree. i said it is an important relationship as canadians with the united states. one of the best thing this country has it is neighborhood. i was talking to prime minister netanyahu. [indiscernible] we have the united states on one side. it is the best neighbor you can have. we are fortunate it is the responsibility of can
CNN
Dec 2, 2012 7:00am PST
relieved of the burden of having to govern egypt. removing themselves from the political system is more in keeping with the history of the egypt armed forces since the 1967 defeat when they determined being a political army was not good for their organization and their ability to fight a war on the battlefield. >> is the struggle the islamist versus the seculars and is it fair to say as everybody does while the islamists have greater appeal, they're going to win this. >> there are basically three groups here that are contending for the loyalties of the mass of egypt people. one group is the egyptians. the other is the muhbaric loyalists. it was the islamists and the young revolutionaries against the loyalists. now because they have been so heavy handed in the way they have governed the transitions it's now really the revolutionary finds themselves with these loyalists. they're big grievance is this institution. it takes egypt significant step more toward islamic policy. just a really quick example. article two has said in egypt since 1971 that the sharria is the main source of legislati
FOX News
Nov 29, 2012 6:00am PST
's going to come from, how the government is going to make more money. democrats want it to come from increased tax rates on the rich, republicans would prefer to make that extra money by reforming the tax code and entitlements. bill: how is the president trying to rally the public around his ideas, peter? >> reporter: in part with a hashtag. my 2k. the white house is saying if the u.s. goes off the fiscal cliff it will cost the average middle class family $2,200 a year and they want middle class social media users, twitter users who don't want that to happen to get online right now. >> today i'm asking congress to listen to the people who sent us here to serve. i'm asking americans all across the country to make your voice heard. tell members of congress what a $2,000 tax hike would mean to you. call your members of congress. right them an email. post it on their nice book walls. you can tweet it using the hashtag, my 2k. >> reporter: as you heard at the top of the show treasury secretary timothy geithner is going to be on the hill today. one of his meetings will be with senate major
FOX News
Dec 4, 2012 10:00am PST
, for exactly the reasons you just mentioned, because the government, you know, from the top down refuses to acknowledge this as terrorism, refuses to acknowledge the radical islamist angle, that he was communicating with a spiritual leader of al-qaeda before this attack happened, and because they still want to call it a workplace violence incident, they're unwilling to take all the necessary steps they would need to acknowledge that this guy's a traitor, killed our fellow members, and we're going the use every step possible. instead he's just a regular defendant on a murder trial, no islamic angle, and they're limited. megyn: well, you could make the argument that this will preserve the credibility of the verdict if it comes down guilty at the end of all these proceedings, that we bent over backward to protect this guy's rights as we do in our criminal justice system. pete, great to have you here. thanks so much for your perspective. >>> up next, a bombshell in the legal battle between the lawmakers in one state and their teachers' union. >>> plus, the woman best known for running "vogue
CNN
Dec 3, 2012 1:00pm PST
? >> reporter: let's show you some of the savings when it comes to government spending. first of all, they put about $600 billion in what the republicans are calling health savings. we understand -- we don't have details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just go
CSPAN
Dec 1, 2012 8:00am EST
, sovereign nations and the leaders from various states began to realize we need a stronger federal government so they wrote the constitution. many americans were opposed to the constitution and became antifederalists. so they were the federalists and antifederalists opposed to each other from the very beginning. from the signing of the constitution. the antifederalists gradually became known as republicans and then democrat republicans. so when john quincy adams was running for office, and you now have the republicans, democrats republicans running against the federalist and he was the last of the federalist. the federalists ran this country from the beginning. washington, adams and they were the people that ran the country in the elite, the constitutional and the states allow property owners to vote. gradually universal suffrage came, not involving women. don't get your hopes up too high. it was white male suffrage but you didn't have to be a property owner and that is what pushed of the elite out of power. adams says jefferson, monroe, all the plantation owners and elite leaders permitted t
CSPAN
Dec 5, 2012 9:00am EST
in renewable energy has fallen by a half since this government came to power. would the chancellor not agree with me that what we need is to look to the future and to invest in the green jobs? and to that end, will be see to it, the 2030 decarbonization target in the energy bill -- companies in this country and recommended by the climate change committee? >> well, the first thing i would say is that this government has introduced -- making investmen investments, introducing the carbon price goal which is recognized around the world as a very effective way of ensuring a decarbonization market driven way of our economy, and we've just published an energy bill and to let the control framework that would allow for new renewable investment to the rest of this decade. the industry has that, alongside the cast strategy. on the decarbonization target, as they say we're going to take a power in the bill to set a target but that would be a decision for after the next carbon budget which happens in 2016. that is a perfectly sensible and rational approach to take. >> cannot congratulate the chancellor o
CSPAN
Nov 30, 2012 7:00am EST
of the medical are too -- government -- i don't want to -- medicare, keep complaining about -- and because the hospital -- and they never contribute that much noun medicare. and they put all the money they could toward the working -- if you add them up, it's not that much money. host: to the proposal at hand, what are your comments or thoughts about it? caller: i think it should be cut a lot more than what they cut, because environment is what is killing this country and upping medical costs. they should get the sobel security. but i thought that's what the problem is and -- the congress and legislator to stop to fay medical. host: we'll leave it there. you may have seen this picture, it's the president of the united states in the oval office with his foreman opponent, mitt romney. according to some it was a private launch the featured turkey chili and the actual conversation that never happened while two presidential nominees are come paining against each other, they pledge to keep in touch and maybe even work together all that according to what happened behind closed doors, the two men t
FOX News
Dec 6, 2012 10:00am PST
in the government's effort to go after the rebels. i mean, we have seen babies and children, women, civilians tortured and killed day after day in syria. and now the thought that they might unleash chemical weapons on them is focusing new attention on what happened back in 1988 when saddam hussein did it. he used the same type of chemical weapons to kill kurds, thousands of them. again, back in '88. thousands of innocent died in the attack, more than 10,000 suffered horrific injuries, not to mention -- we'll talk about it, exactly what happened in '88, how it unfolded, how they handled it and what the death toll was. they said birds just started dropping out of the sky, sheep and goats -- that was the first sign -- started keeling over in the fields dead, and then came the human death toll. it happens quickly, and it is awful. and it is one of the reasons why our government is taking this so seriously, this possible threat. and preparation now of weapons like sarin gas. more on that coming up in just a bit. >>> also from washington right now, fox news has confirmed that the fbi is today inves
CNBC
Dec 3, 2012 4:00am EST
, government bonds, where do you want to be. and equity in my mind mind is absolutely not. you need good growth numbers to justify the equity markets going up. now, i think there's a lot of investors looking at the yields on ghoechlt bonds or credits and that's motivating them to move into equity. i think the numbers are actually going to be relatively small. and i would certainly advocate against doing that because as you were saying, weak numbers, unless you see some much stronger growth, it's hard to justify current valuations. >> both of you stick around because we'll talk about china in just a second. today we'll be out in tokyo, as well, to assess what options the bank of japan really has. policy will not be dictated by market opinion. we'll take stock of britain's progress towards deficit reduction, this ahead of the chancellor's autumn statement. senior fellow for international economics. will the numbers live up to the expectations. meanwhile, over in ghi narks the mainland's factories are crank out more goods at the fastest pace in month. >> chinese factories appear to be recovering.
CNN
Dec 4, 2012 9:00am PST
, down the road an islamist-led government could use the constitution to deny them the right. they don't want to vote on this draft constitution. that's why they're out here protesting at this hour. >> reza, as always, appreciate your reporting from sicairo. >>> strong warning for syria's president not to use chemical weapons against his own people. nato secretary-general said the use of such weapons would result in an immediate reaction, his words. he described the syrian stockpiles as a matter of great concern and president obama has been warning of consequences if al assad makes what mr. obama calls the tragic mistake of using chemical weapons. former british prime minister tony blair voiced his concerns earlier on cnn. >> i mean now the death toll probably would be around 40,000, since this began, since a large number of people. but if there was any sense at all that assad was going to use chemical weapons or did use chemical weapons against his own people i expect a tough response that would be military. >> and nato is taking no chances by trying to protect one of its members, all
PBS
Dec 6, 2012 4:00pm PST
, more conflict between them. >> the syrian government is under increasing pressure tonight. the american and russian foreign ministers met with the u.n. envoy on syria and hillary clinton said events on the ground in syria are accelerating. she also joined the u.s. defense secretary in expressing concern that damascus is considering using chemical weapons against the rebels. >> i think there is no question that we remain very concerned, very concerned. as the opposition advances, in particular on damascus, the regime might very well consider the use of chemical weapons. >> secretary panetta went on to say that the white house made it clear there will be consequences should the assad regime make the mistake of using those weapons on its own people. for more on the perspective from damascus, i spoke a short time ago to the bbc's jeremy bolon -- jeremy bowen. >> the issue has been pretty firm on the use of chemical weapons. any news from damascus? >> i think the regime here can feel the pressure. it has been under huge pressure in the last couple of weeks, increasing pressure. of the most p
WHUT
Dec 6, 2012 7:00am EST
on the street? >> that is an accusation by the government against his opponents. the opposition say president morsi is acting like mubarak and he says the opposition has remnants of the old regime and is stirring up trouble, but there's no evidence to support that. >> any more demonstrations planned for the weekend? >> the weekend is a long way away. we will take its hour by hour. the opposition of threatened another march on the presidential palace this afternoon. and there's the ultimatum from the republican guard. we will have to see how that goes. >> the army planning to clear the protesters within the next 57 minutes. thank you very much. 350 people have been killed by typhoon bopha in the southern philippines. another 400 missing. much of the damage seems to have been concentrated in eastern minden now. aid workers are still trying to get to the most isolated areas. -- eastern mindenau. >> three years old, yet a survivor of the storm with speeds of 200 kilometers per hour. he was badly injured by typhoon bopha. some people are still being found. mud and debris. there is fresh grief. the
WETA
Dec 6, 2012 6:00pm EST
. >> the syrian government is under increasing pressure tonight. the american and russian foreign ministers met with the u.n. envoy on syria and hillary clinton said events on the ground in syria are accelerating. she also joined the u.s. defense secretary in expressing concern that damascus is considering using chemical weapons against the rebels. >> i think there is no question that we remain very concerned, very concerned. as the opposition advances, in particular on damascus, the regime might very well consider the use of chemical weapons. >> secretary panetta went on to say that the white house made it clear there will be consequences should the assad regime make the mistake of using those weapons on its own people. for more on the perspective from damascus, i spoke a short time ago to the bbc's jeremy bolon -- jeremy bowen. >> the issue has been pretty firm on the use of chemical weapons. any news from damascus? >> i think the regime here can feel the pressure. it has been under huge pressure in the last couple of weeks, increasing pressure. of the most pressure has faced from the west, c
CSPAN
Nov 28, 2012 8:00pm EST
this -- one of the things we tried to do as a government, with some success, is we come to office with two views but too often in the past, we're seeing. one is that this government is extremely pro-american. the valiant the relationship with the united states. we could not be in a better situation than to have the united states as our only real labor, closest economic partner and oldham of the allied. -- and ally. at the same time, we're strong canadian nationalists and think in our own modest way.we see no incompatibility with that. but we attrited did -- what we tried to do is say there is no need for canadianism to have anti-americanism. because of what does happen in the global economy. let's marry those two things. recognize the states powerful country that should not be a basis of resentment. it should be a basis of our pride and the importance of the relationship we share. we have tried to project that you to canadians and i think canadians are embracing that. they can celebrate the anniversary of the war of 1812. celebrating our history and at the same time recognizing the great r
FOX Business
Dec 4, 2012 9:20am EST
gets automatic tax increases from everybody, more government money from the private sector. he gets big cuts in the military, which he also wants. and if anything goes wrong, he blames the republicans. i don't think he cares. either way from his perspective he's a winner. if he was looking for a deal, he would be dealing. he's not dealing. he's campaigning. stuart: you say if we go over the cliff, he wins. if we go with his plan, he wins. no way he loses on this situation. liz: fiscal cliff diving at the 11th hour -- i hate the cliches, i'm tired of them but we will see an 11th hour deal on december 24th, christmas eve or new year's eve in the dead of night. i'm worried about that. a very bad deal no one will have read. stuart: i think there might be a deal at the very last minute in which the republicans say okay higher tax rates on people making more than a half million and we'll talk about spending cuts at some point in the future. david: i think there's a 50/50 chance there won't be a deal. stuart: that's why the dow industrials are doing nothing because nobody knows what's going to
CNBC
Dec 6, 2012 4:00am EST
's middle class. so i think it all is positive sentiments. the government is pumping more money, drive the infrastructure development. and i think that in the medium term over say the next couple months, the losses should be much better. >> all right. andrew, thank you. stick around. we'll come back to you you and talk more about the luxury sector. nick has views, as well, on the chinese stock market. speaking to cnbc a day after delivering his autumn statement in parliament, he said the budget plan would continue to attract investment to the british dealt markets. >> we have to get a control on spending. that's why i'm operating benefits by less than the rates of inflation. it's forecast to continue to fall, so we are making progress. britain started with a large deficit, but we're getting it down. >> you've drawn criticism about the lack of supporting growth. when will we see measures that booth the long term growth of the economy. >> i think you see two sorts of measures. big structural reforms to education and welfare, but also yesterday changes to our tax regime. so we now have on
CNN
Nov 29, 2012 11:00am PST
showing shelling in aleppo uploaded earlier today. in the past, the syrian government cut off access in an operation. but this is unprecedented. the military jet and two helicopters were shot down by rebels. now, takeovers at military bases given them a new arsenal of heavy weaponry. in this attack, they used rockets and as cnn's arwa damon reports, the rebels claiming this as a major victory. >> reporter: children on the back of a tractor made off with a sizable tangled lump of metal. what was all too often the cause of nightmares now a trophy of war. proudly shown off by this man. we want to take these pieces to show them to the other villages, he says. let them see what happened to these planes. everyone we speak to here describes the fear they felt any time they heard a jet overhead. for them, this is the greatest victory. one man who we spoke to said he was picking olives, saw the plane being hit and the two pilots ejecting. he says at that point everyone fanned out looking for them. he and others are telling us that one pilot was found unconscious with a head injury. video post
PBS
Dec 3, 2012 3:00pm PST
tense face- off between the two branches of government. >> with 28 days left to come to a deal on the nation's fiscal cliff, the white house is holding firm on its proposal to raise taxes on the wealthy. spokesman jay carney. >> the obstacle remains at this point the refusal to acknowledge by republican leaders that there is no deal that achieves the kind of balance that is necessary without raising rates on the top 2% wealthiest americans. the math simply does not add up. >> ifill: the white house proposes raising $1.6 trillion in taxes over ten years, imposing higher rates on those making more than $250,000 a year. in a letter sent to the white house today, speaker of the house john boehner rejected the president's approach, writing that republicans cannot in good conscience agree to this approach which is neither balanced nor realistic. his counter-offer, save $2.2 trillion by among other things raising $800 billion in new revenues. the plan would also raise the future eligibility age for medicare and alter medicaid to save another $600 billion. the republican plan would not
FOX
Dec 4, 2012 5:00pm PST
oyster company at point reyes national seashore today sued the federal government for the right it to stay in that park. owners of the drake's bay oyster company are angry that the interior secretary has refused to renew their special use permit to operate the company inside the park. the suit claims the government's environmental impact review violated federal rules and failed to provide enough public notice. park service staff claim the oyster company endangers the wild nature of point reyes national seashore. >>> the strange saga of john mca fee continues today with word he is in guatemala seeking asylum. the anti-virus software founder posted a message on his blog today saying he escaped from belize. he says he is meeting with guatemalan officials today and if all goes well he'll do a press conference tomorrow. authorities in belize want to talk to him as a pen of interest in the murder of his neighbor. he claims he's innocent. >>> sonoma county firefighters are work to be determine the cause of a fire that left a house a total loss. crews from twelve agencies raced to stadl
FOX News
Dec 4, 2012 3:00am PST
to the regime since 2009 when the iranian government was caught off guard and saw the large presence on the internet and getting information from outside of the country and sending information from inside out. it was the twitter rev -- revolution. they were using youtube and blog citizen journalist . this is the dialogue and communication that the government wants to control. so on - >> gretchen: so they are putting satellite blockers. >> it is working. every time there is an obstacle in place they are fining ways to work around it they are technological savvy. three-quarters of the country is under the age of 35. this is not someone they can suppress for too much time . the message to the west and united states in particular, is that this is the achilles heel of the government in iran. they want to protect their existence and they feel vulnerable . they will go to any ends to stop this flow of information. >> gretchen: what should westerners be aware of? is there anything can do? >> support the iranian people in terms of the programs. in the 2009 uprising, there were independent com
CNN
Dec 4, 2012 6:00pm PST
going over the fiscal cliff. >> those three guys are here live. and the man who shut down the government under bill clinton. what newt gingrich thinks it will take to avoid that happening again. >>> plus one of my personal heroes, the fastest man in the history of planet earth. ja ma jamaican sprinter usain bolt revealing a talent you may not know he has. ♪ let's get together and feel all right ♪ >> this is "piers morgan tonight." >>> good evening. our big story tonight, you are so hot, america. i mean that literally. the temperature was a balmy 60 degrees this afternoon in new york just outside cnn's studios. the average high temperature in december is normally 43. a warm front has flooded the lower 48 states. quite extraordinary but is it evidence of man-made global warming? that's tonight's battleground america. joining me now, bill nye the science guy and mark morano, the publisher of climate depo.com. welcome to you both. let me start with you, mark, if i may. you are implacably opposed to the concept of man-made climate change. why? >> we followed the evidence. there are quite
CNBC
Dec 5, 2012 6:00am EST
increases. we're saying it now like it's normal. 25% of gdp for government spending and you've got bloated government already, you start there. you start at government spending. you don't immediately start spending another 50 billion in stimulus. >> that's going to be the question that boehner has to deal with. the president will have to deal with the far wings of his party. boehner started doing it. did you see they removed two tea party members from the budget committee? >> i don't want to raise taxes to fund 25% of gdp. >> and actually, the american taxpayers are being told to pay their fair share. they want to see real entitlement reform as well. but you have to deal with the issue on the table. i mean, the spending right now is a percentage of gdp is 24%. it's projected to go substantially higher. do you know that medicare and medicaid didn't exist 50 years ago and they're now a quarter of the federal budget? >> i know. it was supposed to be supplemental. david walker was on the other day talking about obama care which is supposed to save us a trillion dollars and the actual cost, wha
FOX News
Dec 5, 2012 8:00am PST
or the republican future. they honored jack kemp last night. marco rubio thing that limited government is the way to strengthen the middle class. and congressman paul ryan urging fellow republicans reach out to a broader group of american. >> this is essentially divide americans into our voters and their voters. to be clear. republicans plus dear need to steer far clear of that. [applause] we must speak to the aspirations of every american. i believe that we can turn on the incidence of upper mobility. it will require a bold departure from the approach government has taken over the last five decades. jenna: let's talk to rick perry. governor, what do you think about that. >> a full departure think you agree with that? >> for many years we have been working with folks on both sides of the aisle. we have been reaching out. i did 40% of the hispanic vote. it is one that i have bought during the presidential nominating process. we need to be talking about economic issues. we need to be talking about faith and family and how you strengthen those. how you strengthen an economy. i will suggest that we t
CNBC
Dec 3, 2012 6:00am EST
-called haircut can be revisited. in the past, merkel's government had ruled out forgiving any debt. >> in corporate new, ubs is reportedly close to a settlement. the "new york times" says the swiss bank is expected to pay horn $450 million over claims that some of its employees submitted false libor rates. that's pretty huge story and we will take a look and ten to see what happens with this. also morgan stanley trader is under investigation by cme regulators over trades and treasury futures four years ago. at the time he was employed by goldman sachs. he's now head of global interest rates products at morgan stanley. the probe is aimed at establishing whether hadden's late trades hat manipulate closing prices and made other trades more profitable. also singapore airline says that it is in talks with interested parties to sell its 49% stake in virgin atlantic. delta is reportedly among the potential suit ors. delta is said to want to gain access on injury gain's landing rights at london heathrow. >> biggest international hub h around. i think an dwderson is really g. it's profita
FOX News
Dec 4, 2012 2:00am PST
that was first enacted in 1988 that governs the internet. there are proposals that are disturbing. 17 arab nations want greater government control and diversified internet users. if you identify who those people are the government wants to keep control can crack down on them. google is proposed. government is coming up with a treaty. the voices of internet companies and internet providers not being heard in this conference. there's a lot of opposition. >> it's not al gore? >> it's not al gore. >> there is a price to happiness. >> there is a price to happiness. used to pay 75,000 bucks. people in 13 countries. the average price globally in order to be happy 151,810 bucks. if you are wondering where you need the most money to be happy? due by hong kong 197,000, mexico, mexico 185,000 and italy 175,000. the places where you need the least money to be happy germany $8,500. united states is not part of that survey. we were surveyed you need to be wealthy most americans said $1 million. >> more money doesn't give you happiness, it just gives you more money. >> yahoo top searchs for 2012. >> what
CNBC
Nov 29, 2012 4:00am EST
the government. >> silvia, thanks for your thoughts on all of that. if more year joined by julian. welcome. you're out with a view on your next year that doesn't sound too rosy. you talk about the economy contracting half a percent. challenges in the core countries. so walk us through how important the german vote is tomorrow and whether greece gets its aid as to the more broad brooutlook. >> the outlook is not improving. it's deteriorating for the eurozone. economic fundamentals are getting worse particularly in the countries of germany and france. these are the countries we revise down the most. in the periphery, there are signs that the recession is stabilizing. we're below the consensus. typical view is that the economy will broadly stagnate next year, we think it will continue to shrink and the ecb will continue to cap interest rates and perhaps at shall point the bond buying program will be in spain. >> and so when we talk about the sequence of events that markets are looking for the next couple of months, the main one still seems to be when spain asks for aid. pushed into the first quart
FOX News
Nov 29, 2012 3:00am PST
the federal government work better. the president requested reorganization authority from the congress to do just that. >> chief strategist from the romney campaign described the way president obama won reelection . there was a time not so long ago when the problems of the democrat party was too liberal and too dependent on minorits. obama turned those problems to advantages and rode that strategy to victory. it comes six weeks after a face to face showdown on the deadly raid in the u.s. consulate in benghazi. >> you said it an act of terror. it was not a spontanous demitration. >> please proceed, governor. >> i want to make sure we get that for the record. >> and while he is in town, he will meet with congressman paul ryan. they have kept in touch and at a are catching up somewhere off cap capt hill where ryan has returned to work. >> steve: i wonder if candy crowley will be invited. >> gretchen: it is a photop. it is disappointing in the sense. if it were president bill clinton, you might think that something. ideas might be exchanged with one another. >> steve: some folks suggest that may
CSPAN
Nov 30, 2012 9:00am EST
businesses which provide 67% of the jobs in this country. that may fund the government for a short time. then, what's the plan? stimulus 2.0. because the first stimulus worked so well? that was a disaster as well. we have a $16 trillion deficit, and the president wants to spend more money. are you kidding me? spending is the problem. we don't need more of it. lastly, he wants the power to raise the debt ceiling without congressional approval. the administration cannot issue an edict like a money monarchy. congress, congress, congress is in control of the purse. we have gone wild and that's just the way it is. the speaker pro tempore: the gentleman's time has expired. for what purpose does the gentleman from illinois seek recognition? mr. quigley: i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. mr. quigley: thank you, mr. speaker. mr. speaker, the impact that independent locally owned businesses have in our communities comes as no surprise. the social and environmental outcomes are essentia
CNBC
Dec 4, 2012 4:00am EST
government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for -- he was looking at it from credit markets, but would stay on until the middle >> i think lite bit more selective. it won't be just everything goes up now. we have to start thinking about companies and sectors agai
CBS
Dec 4, 2012 12:00pm PST
a term the government uses for rebels. >>> this is live look right now outside the presidential palace in cairo, egypt. this is where roughly 100,000 protestors have gathered in the streets. demonstrations have started to turn violent and police are using tear gas to stop people in closing in on the palace. protestors are upset over president mohammed morsi's decision last month to give himself unrestricted powers. >>> a u.s. navy spokesman says no american drones are missing despite claims by iran that it captured one. a commander says all of the unmanned surveillance aircraft in that region are accounted for. other nations in the gulf including the united arab emirates have drones in service. >>> president obama got input today from governors on how to resolve the budget standoff in washington. state governments of course would feel the pinch of automatic spending cuts kicking in at the end of the year but as danielle nottingham tells us, there's still a disagreement over how to avert the "fiscal cliff." >> reporter: three republican and three democratic governors gate the president
PBS
Dec 5, 2012 4:00pm PST
, but nonetheless, you have the other branches of government. . there's also the definition of the future of egyptian society. >> i was interested to see what you were writing about on the bbc website. you point out that while the elections may be exciting, the future of egypt is enshrine in this constitution that they are haggling over right now. >> and obviously, the constitution, you could argue whether egypt is better with or without one. probably better with one. although, there are great problems with freedom of religion, freedom of association, freedom of the press, freedom of rights for women. it will have to be improved upon. >> this is where political will and puritanism will be enshrined. >> will these various players compete to monopolize? that has been their experience and tradition going back tomorrow. or will this competition and tension actually produce respect for the roles of these institutions and compromise? something that they are clearly going to have to try to figure out. >> and you can see it even with americans in capitol hill. what are your thoughts about how thi
WETA
Dec 5, 2012 6:00pm EST
the other branches of government. . there's also the definition of the future of egyptian society. >> i was interested to see what you were writing about on the bbc website. you point out that while the elections may be exciting, the future of egypt is enshrine in this constitution that they are haggling over right now. >> and obviously, the constitution, you could argue whether egypt is better with or without one. probably better with one. although, there are great problems with freedom of religion, freedom of association, freedom of the press, freedom of rights for women. it will have to be improved upon. >> this is where political will and puritanism will be enshrined. >> will these various players compete to monopolize? that has been their experience and tradition going back tomorrow. or will this competition and tension actually produce respect for the roles of these institutions and compromise? something that they are clearly going to have to try to figure out. >> and you can see it even with americans in capitol hill. what are your thoughts about how this will work out? >> if you
CBS
Dec 5, 2012 6:00pm EST
investigation is expected next month. >>> an appeals court denies the government's request to reconsider a controversial stop- smoking campaign. the decision blocks a requirement that tobacco companies put large, graphic health warnings on cigarette packages, to show that smoking can disfigure and even kill people. the government has 90 days to appeal the decision to the u.s. supreme court. >>> republicans and democrats are digging in their heels. if they don't find compromise by the end of the year, taxes will go up for everyone. and massive spending cuts will automatically kick in. danielle nottingham has the latest on negotiations from capitol hill. >> reporter: house members left the capitol in the middle of the fiscal fight. they're not due back until next week. but house speaker john boehner is staying behind, ready to sit down with the president. >> we can't sit here and negotiate with ourselves. >> reporter: president obama is rejecting the republican proposal because it does not raise taxes on households making more than $250,000 a year. the
CBS
Dec 6, 2012 6:00am PST
but this week surfaced in guatemala to seek asylum. he says he is the victim of a government conspiracy in belize. >>> i had to leave but the story has to get out. i have documentation that proves the intense corruption at all levels of the belizian government. now that i'm in a safe place, i can speak freely. >> mcafee still may face deportation though back to belize. >>> the egyptian army now has tanks outside the presidential palace in cairo amid worsening clashes between protestors and supporters of the syrian government. overnight, violence killed five people and injured more than 600 others. mohamed morsi critics began protesting two weeks ago when the president gave himself unrestricted power. >>> an norms u.s. official says secretary of state hillary clinton plans to meet with russian diplomats and a u.n. peace envoy for syria. the civil war ramped up in recent days with violent attacks and the u.s. fears syria's leader bashar assad is closer to using chemical weapons against anti-government rebels. >>> a new warning about a baby recliner titled to several infant deaths. >> plus
CNN
Dec 4, 2012 1:00pm PST
. but sounding off, chanting anti-government and anti-president slogans. they've left that area, but the opposition still out here protesting against the president in tahrir square. >> we'll keep a close eye on that situation. i'm brooke baldwin in atlanta. thanks for being with me. let's go to wolf blitzer. "the situation room" begins right now. >>> happening now, president obama says we're out of time for anything but a down payment for solving the nation's spending crisis. >>> amid fears, the government may resort to chemical weapons, nato says yes to turkey to giving them patriot missiles. we'll talk to the former british prime minister, tony blair. >>> as they await a new heir to the throne, the british consider changing the rules about who can become king or queen. i'm wolf blitzer. you're in "the situation room." >>> we begin with president obama's latest ideas for getting past the standoff with house republicans. he now says there isn't enough time left to do a comprehensive deal, including tax reform, fixing medicare. so he wants congress to raise tax rates for the weal
CNN
Dec 1, 2012 5:00am PST
university where we are and saying we support president morsi and like the anti-government protest we can put on a large demonstration, too. a large turnout. a few thousand women. the gathering overwhelmingly men, and it's energized, chanting slogans. again, some of the opposition leaders and in support of the president. really this turnout puts into focus the conflict here between the opposition factions, the liberals, the moderates, the secularists and the president's supporters, the islamists, the supporters of the muslim brotherhood. the people here at the brotherhood demonstration support the president's move. they like the draft of the new constitution. they like that in about 15 days everyone is going to go out and have an opportunity to vote on the constitution, and they say this is how democracy should work. however, in tahrir square, you have the opposition faction. their position is they have been sidelined, squeezed out in the process of the draft of the constituti constitution, and they believe the islamists, the muslim brotherhood, president morsi, they have been sidelined by th
CNBC
Dec 6, 2012 6:00am EST
to dangerous levels that might have required a government bailout. a lot of people weren't marking things where needed to go. >> i have a lot of questions about this story. it's an amazing allegation. $12 billion in paper losses. >> a lawyer from one of the whistle blowers will join us at 6:50. in a statement to cnbc, the bank says that allegations have already been investigated and all accounting was proper. >> my biggest questions are the allegations say the bank was doing it 2007 to 2010 and nobody came forward until late 2011 to make any complaints. i just wonder if you had been complaining the whole time along -- >> we just had this discussion about how far away do you need to be to where it's a false mark. at least 10% wiggle room. there were no buyers. if there is buyers, does that make it zero. >> basel 2 created a system that if things became less liquid, there is no change in the actual value of of the underlying asset. just couldn't sell it. so it's a bit like saying my house is a lesser asset because i can't accept it right now even though i don't want to sell it right now. >> who m
CBS
Dec 6, 2012 7:00am PST
that syria's government is preparing chemical weapons for possible use. >> secretary of state clinton is holding an unscheduled meeting in ireland with the special envoy to syria. it is a sign that russia may be switching sides to put pressure on syria to stop the fighting. margaret brennan is in dublin covering those talks. good morning, margaret. do you think this is a sign of a diplomatic breakthrough? >> reporter: norah, it's a sign of a possible diplomatic breakthrough. u.n. envoy to syria is flying here to dublin for this last-minute meeting with secretary of state hillary clinton and the russian foreign minister. it may signal that russia is finally willing to take u.n. action to send a message to bashar al assad to stop the killing. russia one of syria's few remaining allies and so far have agreed to any interactions to stop the killing of thousands of people. >> charlie rose here. the reporting that they're mixing the ingredients for chemical weapons influence what the russians may be doing? >> reporter: the russian foreign minister says that the outside
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